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showdown. to come to us from washington to answer that question is karen bass from california. thank you for coming to the war room. >> thank you for having me again. >> jennifer: you bet. so the republicans are saying that obama's plan as he announced today are dead on arrival. are they serious? is this just posturing before they reach a deal? >> i certainly hope it is because the fact of the matter is we're three weeks away from the hammer falling. what the president has called for is for the republican majority to act responsibly. why on earth would they want to send our economy into another recession. if we can't come to a grand deal by march 1st. what the president has said and the democratic leadership hats said is okay do another short-term proposal but make it balanced. you cannot reduce the deficit through cuts alone. >> jennifer: you have validation because there was released a report that said the projected budget deficit for the fiscal year will be $845 billion. for the past four years the deficits have exceeded 1 trillion-dollar. so you're seeing a decline in the amount of d
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